Company Formation in DSC – Dubai Studio City Free Zone

Company Formation in DSC – Dubai Studio City Free Zone
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At DSC the right combination of planned infrastructure, talent pool and the dynamic business environment is focused on accelerating and nurturing the industry growth. In collaboration with business partners, DSC offers a complete technical and community infrastructure that provides for an ideal workspace, world’s best business and operational support services, access to talent clubbed with supportive environment and infrastructure.

Leading international and regional players have chosen Dubai as regional hub for growing their business in the Middle East and North Africa (MENA) region. A fundamental component of media ecosystem is to have the ability to secure key players in the industry to connect with various businesses across the value chain. DSC has more than 140 companies registered and operating since its launch in 2005.

DSC invites best-in-class audio-visual media companies by providing internationally benchmarked infrastructure, talent and services. Designed to accelerate the growth of the broadcast, film, television and music production industries, DSC is an ultra-modern facility integrating every component of content production and broadcast under one roof. Spread across 22 million sq. ft. DSC offers customized real estate specifically built for production, post-production and broadcasting such as studios, sound stages and commercial offices. Its services include satellite uplink, digital distribution of content, industry networking opportunities, film permits for shooting in Dubai, production and location assistance and short-term and long-term visa facilitation.

Major Benefits of Company Formation in DSC (Dubai Studio City Free Zone):

  • 100% foreign ownership,
  • 100% repatriation of capital,
  • 100% exemption from personal income tax, corporate tax, service tax, import and export tax,
  • High-end technology usage
  • Excellent infrastructure
  • Best amenities for media companies
  • Offers wide range of leasing facilities starting from hot-desk and moving up to the fully fitted offices with beautiful views surrounding
Characteristics of DSC Company Setup:

Location:

Dubai Studio City, Dubai, (U.A.E.)

Proposed activity:

Animation/Broadcast Service Providers/Broadcast Support Services/Broadcasting Radio – Station Satellite, Radio Network Satellite, Radio Station Terrestrial, Radio Network terrestrial, IP Streaming & Internet Radio/Broadcasting TV Station Satellite, TV Network Satellite, TV Station Terrestrial, TV Network Terrestrial, IP Streaming & Internet TV/Film Support Services/Music & Entertainment/Production(Film/TV & Radio)/Production Support Services/Themed Amusement & Recreation activities can be carried out in DSC.

License available:

Commercial license is only available option for DSC – Dubai Studio City Free Zone.

Type of entities:

Free Zone-Limited Liability Company (FZ-LLC) & Branch office

Shareholder:

Shareholder for Dubai Studio City Free Zone (DSC) Company can be Individuals or Corporate entity

Director:

Individuals only (Minimum one. Shareholder can also be Director)

Share capital:

AED 50,000/- (50 shares of AED 1,000/- each) for FZ – LLC Dubai Studio City Free Zone Company Setup and AED Nil/- in case of Branch office. (Required to be deposited in bank before or after company incorporation)

Do note that shares are deemed to be issued on company incorporation irrespective of whether share capital is deposited in bank pre or post incorporation.

Audit:

Audit report is not required to be filed with DSC.

Estimated time:

4 to 6 weeks to obtain license of the company and register a company in DSC (Dubai Studio City Free Zone)

Another 7-10 working days for immigration card subject to security clearance & thereafter visa may take approximately 7-10 working days on normal basis.

DSC (Dubai Studio City Free Zone) Company Setup Process:

  • Identify the legal form of company to be registered in DSC
  • Select activity from DSC activity list,
  • Apply for name and initial approval,
  • Payment of fees related to DSC business set up,
  • Sign DSC company registration and incorporation documents,
  • Apply for DSC residence visa.

Documents Required for DSC Company Registration:

The documents required for business set up in DSC (Dubai Studio City Free Zone) depends on whether a shareholder is individual or corporate entity. Basic requirements are

  • Color passport copy,
  • Color UAE residence visa & emirates id copy,
  • CV/Resume,
  • Utility bill copy,
  • Business Plan.
  • NOC from current sponsor

To know more about the complete requirements for company formation in Dubai Studio City Free Zone (DSC) call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com

Company Formation Cost in DSC:

DSC Company Setup begins from AED 85,750/-(inclusive office rentals of estimated size of approx. 800 square feet area)

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DSC.

Other Notes for DSC – Dubai Studio City Free Zone Company Formation:

  1. Document to be legalized with UAE Embassy in case of corporate shareholder
  2. Shareholder or directors wishing to have UAE residency visa on said company will need to revisit after issuance of license, immigration card and entry permit for stamping of visa on the passport and may need to stay in UAE for 5 to 7 working days as that process may take time.
  3. Company Immigration/Establishment card to be renewed every year
  4. Investors to have family status UAE visa should have share capital of AED 75,000/- and in order to be eligible for Owner/Investor/Partner visa should have share capital of AED 60,000/-

Global Business Services DMCC has helped many individuals and corporate entities to set up their businesses in DSC. Our company acts as a one stop solution for DSC company incorporation services.

If you are looking for DSC company setup, please get in touch with us for professional assistance.

Call us now on 050-8992852 or drop an email to sagar.mehta@gbsei.com to know about special promotions/offers related to business setup in DSC (Dubai Studio City Free Zone).

Whilst every effort has been made to ensure that the details contained herein are correct and up-to-date, it does not constitute legal, tax or other professional advice. We do not accept any responsibility, legal or otherwise, for any errors or omissions.

GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
GBSOur Office
Organically grow the holistic world view of disruptive innovation via empowerment.
+971 4 4471803
OUR LOCATIONWhere to find us?
For company formation and company incorporation services please contact us at our mailing address:

Office No.12A-06,
13th floor HDS Tower,
Plot No. F2,
Jumeirah Lakes Towers,
Post Box 309074,
Dubai (U.A.E)

QUICK LINKSOur Services
GET IN TOUCHGBS Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.
AVANTAGEHeadquarters
Organically grow the holistic world view of disruptive innovation via empowerment.
OUR LOCATIONSWhere to find us?
GET IN TOUCHAvantage Social links
Taking seamless key performance indicators offline to maximise the long tail.

Copyright © 2020 Global Business Services.

Copyright © 2020 Global Business Services.

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